Guizhou Net Income vs Operating Income Analysis

002895 Stock

21.78 0.62 2.77%

Guizhou Chanhen financial indicator trend analysis is much more than just examining Guizhou Chanhen Chemical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guizhou Chanhen Chemical is a good investment. Please check the relationship between Guizhou Chanhen Net Income and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guizhou Chanhen Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guizhou Chanhen Chemical Net Income account and Operating Income. At this time, the significance of the direction appears to have totally related.

The correlation between Guizhou Chanhen's Net Income and Operating Income is 1.0. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Guizhou Chanhen Chemical, assuming nothing else is changed. The correlation between historical values of Guizhou Chanhen's Net Income and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Guizhou Chanhen Chemical are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Income i.e., Guizhou Chanhen's Net Income and Operating Income go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Guizhou Chanhen Chemical financial statement analysis. It represents the amount of money remaining after all of Guizhou Chanhen Chemical operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Operating Income

Operating Income is the amount of profit realized from Guizhou Chanhen Chemical operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Guizhou Chanhen Chemical is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Guizhou Chanhen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guizhou Chanhen Chemical current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guizhou Chanhen Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Tax Provision is expected to grow to about 185.8 M, whereas Selling General Administrative is forecasted to decline to about 121.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	717.8M	1.5B	1.7B	1.8B
Total Revenue	2.5B	3.4B	4.3B	2.4B

Gross Profit Total Revenue

Guizhou Chanhen fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Non Current Liabilities Other	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding
Total Assets		0.53	0.99	0.9	0.86	0.75	0.9	0.98	0.99	1.0	0.4	0.97	0.66	0.99	0.84	0.49	1.0	0.97	0.94	0.99	0.52	0.66	0.97	0.84	0.97	0.92
Other Current Liab	0.53		0.45	0.61	0.66	0.74	0.5	0.39	0.53	0.5	0.71	0.71	0.89	0.56	0.27	0.58	0.52	0.65	0.29	0.59	0.6	0.69	0.63	0.73	0.69	0.71
Total Current Liabilities	0.99	0.45		0.87	0.84	0.69	0.9	0.99	0.99	1.0	0.32	0.94	0.6	0.98	0.86	0.47	0.99	0.95	0.97	0.98	0.47	0.63	0.96	0.79	0.95	0.88
Total Stockholder Equity	0.9	0.61	0.87		0.96	0.89	0.98	0.85	0.88	0.89	0.53	0.9	0.72	0.89	0.88	0.52	0.88	0.88	0.79	0.9	0.62	0.83	0.89	0.96	0.9	0.95
Other Liab	0.86	0.66	0.84	0.96		0.78	0.97	0.8	0.85	0.86	0.4	0.9	0.83	0.89	0.86	0.54	0.87	0.9	0.74	0.85	0.53	0.8	0.9	0.89	0.9	0.88
Net Tangible Assets	0.75	0.74	0.69	0.89	0.78		0.78	0.66	0.72	0.72	0.84	0.8	0.66	0.71	0.63	0.52	0.7	0.71	0.58	0.79	0.78	0.84	0.73	0.98	0.79	0.93
Retained Earnings	0.9	0.5	0.9	0.98	0.97	0.78		0.87	0.88	0.91	0.36	0.89	0.68	0.91	0.95	0.5	0.91	0.88	0.83	0.88	0.54	0.77	0.9	0.88	0.89	0.89
Accounts Payable	0.98	0.39	0.99	0.85	0.8	0.66	0.87		0.98	0.98	0.29	0.92	0.54	0.95	0.84	0.43	0.98	0.92	0.98	0.97	0.43	0.59	0.92	0.77	0.92	0.86
Cash	0.99	0.53	0.99	0.88	0.85	0.72	0.88	0.98		0.99	0.39	0.96	0.66	0.97	0.8	0.44	0.98	0.96	0.95	0.99	0.46	0.64	0.96	0.82	0.97	0.91
Non Current Assets Total	1.0	0.5	1.0	0.89	0.86	0.72	0.91	0.98	0.99		0.35	0.96	0.65	0.99	0.86	0.48	1.0	0.97	0.95	0.98	0.5	0.65	0.97	0.82	0.97	0.9
Non Currrent Assets Other	0.4	0.71	0.32	0.53	0.4	0.84	0.36	0.29	0.39	0.35		0.49	0.43	0.33	0.16	0.26	0.33	0.35	0.2	0.47	0.57	0.67	0.37	0.71	0.48	0.7
Other Assets	0.97	0.71	0.94	0.9	0.9	0.8	0.89	0.92	0.96	0.96	0.49		0.81	0.98	0.78	0.53	0.97	0.98	0.85	0.97	0.6	0.74	0.99	0.88	1.0	0.94
Net Receivables	0.66	0.89	0.6	0.72	0.83	0.66	0.68	0.54	0.66	0.65	0.43	0.81		0.73	0.5	0.52	0.67	0.81	0.45	0.68	0.55	0.68	0.79	0.73	0.8	0.71
Non Current Liabilities Total	0.99	0.56	0.98	0.89	0.89	0.71	0.91	0.95	0.97	0.99	0.33	0.98	0.73		0.86	0.48	1.0	0.99	0.9	0.97	0.49	0.64	0.99	0.81	0.98	0.9
Inventory	0.84	0.27	0.86	0.88	0.86	0.63	0.95	0.84	0.8	0.86	0.16	0.78	0.5	0.86		0.43	0.86	0.8	0.8	0.79	0.43	0.61	0.83	0.74	0.78	0.76
Other Current Assets	0.49	0.58	0.47	0.52	0.54	0.52	0.5	0.43	0.44	0.48	0.26	0.53	0.52	0.48	0.43		0.48	0.5	0.41	0.51	0.67	0.45	0.5	0.58	0.52	0.49
Total Liab	1.0	0.52	0.99	0.88	0.87	0.7	0.91	0.98	0.98	1.0	0.33	0.97	0.67	1.0	0.86	0.48		0.98	0.94	0.98	0.48	0.64	0.98	0.81	0.97	0.89
Deferred Long Term Liab	0.97	0.65	0.95	0.88	0.9	0.71	0.88	0.92	0.96	0.97	0.35	0.98	0.81	0.99	0.8	0.5	0.98		0.86	0.96	0.5	0.65	0.99	0.81	0.99	0.89
Short Long Term Debt	0.94	0.29	0.97	0.79	0.74	0.58	0.83	0.98	0.95	0.95	0.2	0.85	0.45	0.9	0.8	0.41	0.94	0.86		0.92	0.38	0.56	0.86	0.7	0.86	0.79
Total Current Assets	0.99	0.59	0.98	0.9	0.85	0.79	0.88	0.97	0.99	0.98	0.47	0.97	0.68	0.97	0.79	0.51	0.98	0.96	0.92		0.55	0.67	0.96	0.87	0.98	0.94
Non Current Liabilities Other	0.52	0.6	0.47	0.62	0.53	0.78	0.54	0.43	0.46	0.5	0.57	0.6	0.55	0.49	0.43	0.67	0.48	0.5	0.38	0.55		0.62	0.52	0.77	0.58	0.62
Short Term Debt	0.66	0.69	0.63	0.83	0.8	0.84	0.77	0.59	0.64	0.65	0.67	0.74	0.68	0.64	0.61	0.45	0.64	0.65	0.56	0.67	0.62		0.68	0.86	0.73	0.82
Intangible Assets	0.97	0.63	0.96	0.89	0.9	0.73	0.9	0.92	0.96	0.97	0.37	0.99	0.79	0.99	0.83	0.5	0.98	0.99	0.86	0.96	0.52	0.68		0.83	0.99	0.9
Common Stock	0.84	0.73	0.79	0.96	0.89	0.98	0.88	0.77	0.82	0.82	0.71	0.88	0.73	0.81	0.74	0.58	0.81	0.81	0.7	0.87	0.77	0.86	0.83		0.87	0.96
Property Plant Equipment	0.97	0.69	0.95	0.9	0.9	0.79	0.89	0.92	0.97	0.97	0.48	1.0	0.8	0.98	0.78	0.52	0.97	0.99	0.86	0.98	0.58	0.73	0.99	0.87		0.94
Common Stock Shares Outstanding	0.92	0.71	0.88	0.95	0.88	0.93	0.89	0.86	0.91	0.9	0.7	0.94	0.71	0.9	0.76	0.49	0.89	0.89	0.79	0.94	0.62	0.82	0.9	0.96	0.94

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Guizhou Chanhen Account Relationship Matchups

High Positive Relationship

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Non Current Assets Total
Property Plant Equipment	+ 1.0	Other Assets
Total Liab	+ 1.0	Non Current Liabilities Total

High Negative Relationship

Not Found

Guizhou Chanhen fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.8B	3.8B	6.9B	10.2B	12.0B	12.6B
Other Current Liab	88.4M	196.5M	351.5M	138.1M	156.1M	158.7M
Total Current Liabilities	675.0M	607.3M	1.3B	2.5B	2.9B	3.1B
Total Stockholder Equity	2.0B	2.9B	3.6B	4.4B	5.8B	3.3B
Other Liab	145.1M	145.0M	146.0M	192.5M	221.4M	165.7M
Net Tangible Assets	1.8B	1.8B	2.8B	2.4B	2.8B	2.2B
Retained Earnings	887.3M	907.6M	1.3B	1.8B	2.1B	1.3B
Accounts Payable	142.5M	143.1M	333.3M	744.2M	1.1B	1.1B
Cash	341.2M	513.7M	1.2B	1.5B	2.2B	2.4B
Non Current Assets Total	2.0B	2.2B	4.4B	7.1B	7.9B	8.3B
Non Currrent Assets Other	97.8M	837.9M	390.6M	167.3M	278.3M	252.0M
Other Assets	51.1M	102.9M	147.0M	472.5M	543.3M	570.5M
Net Receivables	110.4M	72.8M	465.4M	206.7M	250.4M	177.3M
Non Current Liabilities Total	145.0M	201.0M	1.9B	2.7B	2.8B	2.9B
Inventory	286.7M	258.0M	350.6M	792.2M	776.3M	465.7M
Other Current Assets	75.1M	81.5M	183.0M	153.0M	189.7M	151.8M
Total Liab	820.0M	808.4M	3.2B	5.2B	5.7B	6.0B
Short Long Term Debt	408M	238M	329.3M	709.7M	1.0B	1.1B
Total Current Assets	813.4M	1.6B	2.5B	3.0B	4.1B	4.3B
Intangible Assets	186.7M	177.3M	1.2B	1.4B	1.4B	1.4B
Common Stock	400.0M	407.1M	407.6M	488.4M	561.7M	467.8M
Property Plant Equipment	409.3M	575.7M	696.1M	1.6B	1.8B	1.9B
Common Stock Shares Outstanding	407.1M	407.6M	488.4M	501.8M	542.0M	508.4M
Net Invested Capital	2.4B	3.2B	5.6B	6.6B	8.3B	4.8B
Net Working Capital	138.4M	997.5M	1.2B	541.7M	1.2B	763.0M

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Other Information on Investing in Guizhou Stock

Balance Sheet is a snapshot of the financial position of Guizhou Chanhen Chemical at a specified time, usually calculated after every quarter, six months, or one year. Guizhou Chanhen Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guizhou Chanhen and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Guizhou currently owns. An asset can also be divided into two categories, current and non-current.

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